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Demonetisation will change the Indian economy

- Alive Correspondent   30-12-2016

last day eve of the deadline for citizens to deposit demonetised currency in banks, Reserve Bank of India (RBI) Governor Urjit Patel said that demonetisation will have a transformative effect on the economy going forward, despite some short-term disruptions and "public hardship".   He said the increasing adoption

Demonetisation: Minimum Rs 10,000 fine for holding old notes, no jail term

- Alive Correspondent   30-12-2016

A day after approving an ordinance regarding punishment for those holding old notes in possession, government officials on Thursday clarified that keeping demonetised notes will not land you in jail, according to a PTI report. It also said that the minimum fine for holding old notes beyond March 31 will be

On New Year eve PM Modi to address nation

- Alive Correspondent   30-12-2016

Prime Minister Narendra Modi will address the nation on New Year’s eve, a day after the deadline for depositing scrapped notes expires. This will be his second television address in as many months, the first was the demonetisation announcement.   "Prime Minister Narendra Modi is likely to

Arun Jaitley says more Rs 500 notes to come in circulation soon, Big jump in tax receipts after noteban

- Alive Correspondent   29-12-2016

Finance Minister Arun Jaitley on Thursday said that remonetisation of currency following the ban on Rs 500 and Rs 1000 notes has ‘advanced substantially’.   Arun Jaitley said today, "A large part of the demonetised currency has been replaced and more new notes of Rs 500 are being released for

Akhilesh meets Mulayam on candidate list

- Alive Correspondent   29-12-2016

Uttar Pradesh Chief Minister Akhilesh Yadav met Samajwadi Party (SP) supremo Mulayam Singh Yadav amid reports of a tussle between senior party leaders over ticket distribution for the upcoming UP polls.   As per reports, Akhilesh is set to pitch for the inclusion of party leaders whose names have been

Sasikala become AIADMK general secretary Will Soon Resume Duties

- Alive Correspondent   29-12-2016

AIADMK on Thursday passed a resolution to work under the leadership of Sasikala Natarajan, the close aide of late Tamil Nadu Chief minister Jayalalithaa. Sasikala Accepts Party Resolution of Her Appointment as Gen secretary. Sasikala accepted the party resolution after Chief Minister O Pannerselvam later meet her at Poes Garden. &

2 Dead, 28 Injured As Sealdah-Ajmer Express Derails Near Kanpur

- Alive Correspondent   28-12-2016

In the Sealdah-Ajmer Express train mishap atleast two people were killed and 28 were injured when 15 coaches of the train derailed near Rura railway station in Kanpur district on Wednesday morning.   2 dead, 28 injured after 15 coaches of Sealdah-Ajmer Express train derailed near Kanpur, Zaki Ahmad, Kanpur IG said. The mishap occurred

Demonetisation is the biggest scam after Independence : Mamata Banerjee in Opposition meet

- Alive Correspondent   27-12-2016

On tuesday The opposition parties met in New Delhi to discuss the situation arising out of demonetisation across the country   Congress Vice President Rahul Gandhi on Tuesday said that demonitasation has failed to reduce corruption and arrest black money laundering and instead made poor people's life "miserable&

Desh ko 'kala dhan' or 'kale mann' ne barbadh kia hai, dono ko jana chahiye: PM Modi in Dehradun

- Alive Correspondent   27-12-2016

Prime Minister Narendra Modi is slated to lay the foundation stone of Char Dham highway project in Uttarakhand. PM Narendra Modi is addressing the Parivartan Rally. Char Dham highway project will lead to creation of over 900 km of roads. Connectivity and tourism will get a strong boost through the project. &

Constitutional assault, I'm still TN chief secretary says P Rama Mohana Rao

- Alive Correspondent   27-12-2016

Former Tamil Nadu Chief Secretary P. Rama Mohana Rao on Tuesday said the government has not served him any transfer orders and he continues to hold the post.   Breaking his silence a week after the I-T raids in his residence and office charging that the raids were a constitutional

ED detects Rs 104 crore in BSP account, Rs 1.43 crore in Mayawati's brother's account

- Alive Correspondent   27-12-2016

 The ED today detected cash deposits totalling over Rs.104 crore in an account belonging to the BSP and Rs 1.43 crore in an account belonging to party Supremo Mayawati’s brother Anand in a branch of United Bank of India here, sources in the Enforcement Directorate said.   Enforcement

While Crossing Philippines Typhoon Nock-Ten Loses Intensity , still killed an destroyed home

- Alive Correspondent   26-12-2016

The Philippine Atmospheric Geophysical and Astronomical Services reported that the typhoon, known as Nina in the Philippines, weakened on its way to the provinces of Batangas and Cavite and on Monday morning had maximum sustained winds of 140 km per hour and gusts of up to 230 kph, Efe news reported.  

Money has lost its 'anonymity' after demonetisation: FM Arun Jaitley

- Alive Correspondent   26-12-2016

Finance minister Arun Jaitley on Sunday said that demonetisation will help increase government revenue and lower fiscal deficit, leading to higher expenditure on defence and these funds now available with the banks have strengthened the Indian banking system.   Arun  Jaitley at the DigiDhan Mela event here to promote

Magnitude 7.7 earthquake hits Chile

- Alive Correspondent   26-12-2016

The earthquake struck on Christmas morning, 225 kilometers (140 miles) southwest of Puerto Montt. A tsunami warning was issued but later reduced by the US-based Pacific Tsunami Warning Center.   A tsunami warning was issued for areas within 1,000 km (621 miles) of the epicenter of the quake, the US-based Pacific Tsunami Warning Center

PM Modi Greets Pakistan PM Nawaz Sharif On Birthday

- Alive Correspondent   26-12-2016

Amid the conflicting relations between India and Pakistan, maintaining all the spirits Prime Minister Narendra Modi on Sunday greeted his Pakistani counterpart Nawaz Sharif on his 66th birthday. That Sharif even got a tweet from the PM - who "prayed for" Sharif's "long life" -

PM Modi Wishes Former PM Atal Bihari Vajpayee On His 92nd Birthday

- Alive Correspondent   26-12-2016

On 92nd Birthday of the senior-BJP Leader and former Prime Minister Atal Bihari Vajpayee, present PM Narendra Modi took to Twitter to grant him birthday wishes.   Modi tweeted: "Wishing our most beloved and widely respected Atal ji a happy birthday. I pray that he is blessed with good

Two people held at Mumbai airport with 16kg gold

- Alive Correspondent   26-12-2016

Two fliers, allegedly carrying nearly 16 kg gold, have been held at the Mumbai airport after they took a flight from the Indira Gandhi International Aiport (IGIA) here Officials said the incident was reported late last night when CISF personnel intercepted the two passengers carrying the said gold in their baggage.

NRI couple in Norway lose custody of child, Sushma Steps In

- Alive Correspondent   24-12-2016

External Affairs Minister Sushma Swaraj on Thursday sought a report from Indian Ambassador in Norway on the allegations made by an Indian couple that the Norwegian authorities have taken away their five-year-old child on a frivolous complaint of abuse. The officials accused the parents of beating the child. This is

Govt. Discusses successor Names, after Najeeb Jung quits as Delhi Lt Governor

- Sanjib Sharma   23-12-2016

Delhi lieutenant governor Najeeb Jung’s resignation on Thursday might have come as a surprise to many but official sources said that the centre may announce his successor today.   Prime Minister Narendra Modi and Home Minister Rajnath Singh reportedly discussed names last night when they met at the

Co-operative Bank got Rs 169 crore in old notes in five days

- Sanjib Sharma   23-12-2016

A CBI team which conducted a surprise inspection at Malabar District Co-operative Bank (MDCB) in Malappuram on Wednesday found that the bank received deposits of scrapped currency notes worth Rs 169 crore during the first five days after demonetisaton of high-value notes came into force on November 8.  &


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